NOT LISTED FOR SALE

50 Jean la Fitte Dr Key Largo, FL 33037

Estimated Value: $1,999,000 - $2,205,494

4 Beds
4 Baths
3,500 Sq Ft
$593/Sq Ft Est. Value

Last Sold March 14, 2024

Last sale price $1,925,000 $550 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,448/month

156 Days on Market

Highlights

  • Boat Ramp
  • Private Dock
  • Property Fronts a Bay or Harbor
  • Coral Shores High School Rated A
  • Boat Lift
  • 1-minute walk to Schwingggg

About This Home

As of March 2024

BREATHTAKING OPEN WATER VIEW! This is a wonderful opportunity to own a large solid concrete waterfront home on a double lot in Pirates Cove with incredible bay views offering desirable 100' of waterfront, a 75'concrete dock featuring 4 post cradle boat lift with 20,000lbs capacity and one Davit. Plenty of space in the 4 bedrooms/4 bathrooms offering several opportunities for family, friends, or in-laws to stay with private access and ensuite bathrooms. Large updated new kitchen with large island and top of the line appliances. The bonus room on the 3rd floor may be ideally used as an office, exercise room, or kids play/study room. Rooftop observation deck with phenomenal views of the bay and 360 views.

Last Agent to Sell the Property

Ricardo Tobchi

RT Realty Inc License #3013272 Listed on: 10/09/2023

Last Buyer's Agent

Ricardo Tobchi

RT Realty Inc License #3013272 Listed on: 10/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,253

Year Built

  • Built in 1968 | Newly Remodeled

Lot Details

  • 10,000 Sq Ft Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • East Facing Home
  • Fenced
  • Property is zoned IS-M

HOA Fees

  • $17 Monthly HOA Fees

Property Views

  • Bay
  • Canal

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,500 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room
  • Florida or Dining Combination
  • Den
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Seawall
  • Rip-Rap
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Deck
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00496110-000000

Community Details

Overview

  • Voluntary home owners association
  • Pirates Cove 1St Add Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,253

Year Built

Built in 1968 | Newly Remodeled

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Three Or More Stories
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Community Boat Ramp,Boat Hoists/Davits,Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PIRATES COVE 1ST ADD
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Cooking Island, Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Storage, Utility Room/Laundry, Workshop
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 3500
  • Possible Use: Secondary
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Florida/Dining Combination
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry, Workshop
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Concrete
  • View: Bay, Canal
  • Exterior Features: Lighting, Open Balcony, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/Ocean Access, Canal Front, Rip Rap, Seawall
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PIRATES COVE 1ST ADD
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Clubhouse, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 00496110-000000
  • Lot Size Sq Ft: 10000
  • Zoning: IS-M
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6253

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Mar 13, 2024
Sold by
Betancourt Jose and Betancourt Nancy
Bought by
Kelly Christopher L and Kelly Laura A
Seller's Agent
Ricardo Tobchi
RT Realty Inc
Buyer's Agent
Ricardo Tobchi
RT Realty Inc
List Price
$2,385,000
Sold Price
$1,925,000
Premium/Discount to List
-$460,000
-19.29%
Views
70
Current Estimated Value
$2,074,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,124
Avg. Annual Appreciation
4.71%

Purchase Details

Listed on
Aug 28, 2013
Closed on
May 7, 2014
Sold by
The Bank Of New York Mellon
Bought by
Betancourt Jose and Betancourt Nancy
Seller's Agent
Sally Stribling
Coldwell Banker Schmitt Key Largo
Buyer's Agent
outside mls - FKBR
Outside Of MLS - FKBR
List Price
$740,000
Sold Price
$462,000
Premium/Discount to List
-$278,000
-37.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.57%

Purchase Details

Closed on
Jul 1, 2013
Sold by
Price Pamela
Bought by
The Bank Of New York Mellon and First Horizon Home Loans

Purchase Details

Closed on
Jun 24, 2013
Sold by
Price Pamela
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 12, 2002
Sold by
Price Murphy Sandy Lynn
Bought by
Price Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2001
Sold by
Elmer I Matter I
Bought by
Murphy Sandy L
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly Christopher L $1,925,000 None Listed On Document
Betancourt Jose $462,000 Title365 Company
The Bank Of New York Mellon -- None Available
The Bank Of New York Mellon -- None Available
Price Pamela $300,000 Ati Title Co Of Fort Myers
Murphy Sandy L -- --
Murphy Sandy L -- --
Murphy Sandy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Sandy L $640,000
Previous Owner Price Pamela $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/14/2024 03/14/24 Sold $1,925,000 -19.3% $550 / Sq Ft
10/27/2023 10/27/23 Price Changed $2,385,000 0.0% $681 / Sq Ft
10/27/2023 10/27/23 For Sale $2,385,000 +23.9% $681 / Sq Ft
10/16/2023 10/16/23 Off Market $1,925,000 -- --
10/09/2023 10/09/23 For Sale $2,500,000 +441.1% $714 / Sq Ft
05/08/2014 05/08/14 Sold $462,000 -37.6% $132 / Sq Ft View Prior Sale
04/08/2014 04/08/14 Pending -- -- --
08/28/2013 08/28/13 For Sale $740,000 -- $211 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,637 $804,294 -- --
2023 $6,637 $780,868 $0 $0
2022 $6,253 $758,125 $0 $0
2021 $6,384 $736,044 $0 $0
2020 $6,344 $725,882 $0 $0
2019 $6,223 $709,563 $0 $0
2018 $6,223 $696,333 $0 $0
2017 $6,093 $682,011 $0 $0
2016 $6,178 $667,984 $0 $0
2015 $6,124 $649,271 $0 $0
2014 $4,671 $429,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11466288

MIAMI REALTORS® MLS

APN: 00496110-000000